Bunge Limited (BG) Prices $2B Notes Offering

Bunge Global SA (NYSE: BG) (the “Company” or “Bunge”) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has successfully priced a public offering of $2.0 billion aggregate principal amount, comprised of three tranches of senior unsecured notes (collectively, the “Senior Notes”), as follows:

• $400 million aggregate principal amount of 4.100% Senior Notes due 2028;
• $800 million aggregate principal amount of 4.200% Senior Notes due 2029; and
• $800 million aggregate principal amount of 4.650% Senior Notes due 2034.

The Senior Notes will be fully and unconditionally guaranteed by Bunge Global SA on a senior unsecured basis. The offering was made pursuant to a registration statement filed with the U.S. Securities and Exchange Commission. The offering is expected to close on September 17, 2024, subject to the satisfaction of customary closing conditions.

Bunge intends to use the net proceeds from the offering of the Senior Notes to fund a portion of the cash consideration for Bunge’s proposed acquisition (the “Business Combination”) of Viterra Limited (“Viterra”) and to repay a portion of certain Viterra debt to be assumed in connection with the Business Combination, including, in each case, related fees and expenses, and, with any remaining amounts, for general corporate purposes.

Each series of Senior Notes will be subject to a special mandatory redemption (at a price equal to 101% of the aggregate principal amount of such series of Senior Notes, plus accrued and unpaid interest, if any, to, but excluding, the special mandatory redemption date) under certain circumstances if the Business Combination is not consummated or is not consummated by an agreed upon date.

SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, BMO Capital Markets Corp. and Rabo Securities USA, Inc. are acting as joint book-running managers for the offering of Senior Notes. ANZ Securities, Inc., BBVA Securities Inc., Citigroup Global Markets Inc., Commerz Markets LLC, Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC, MUFG Securities Americas Inc., Natixis Securities Americas LLC, Oversea-Chinese Banking Corporation Limited, PNC Capital Markets LLC, Santander US Capital Markets LLC, Standard Chartered Bank, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC are acting as senior co-managers for the offering of Senior Notes. Cabrera Capital Markets LLC, Deutsche Bank Securities Inc., ICBC Standard Bank Plc and Bank of China (Europe) S.A. are acting as co-managers for the offering of Senior Notes.

This offering of Senior Notes may be made only by means of the prospectus supplement and the accompanying prospectus related to the offering. Copies of the prospectus supplement and the accompanying prospectus relating to the offering can be obtained by contacting SMBC Nikko Securities America, Inc. by phone at 1-888-868-6856 or by email at [email protected], BNP Paribas Securities Corp. by phone at 1-800-854-5674 or by email at [email protected], BofA Securities, Inc. by phone at 1-800-294-1322 or by email at [email protected], J.P. Morgan Securities LLC at 1-212-834-4533, or Mizuho Securities USA LLC at 1-866-271-7403.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, these Senior Notes in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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